BitMine Immersion Acquires 190,500 ETH in One Week

BitMine Immersion (BMNR) has established itself as the largest holder of Ethereum, with a treasury of 1,713,899 ETH valued at approximately $8.82 billion as of August 24, 2025.

Surpassed other notable ETH holders such as SharpLink Gaming.
Ranked second globally for total crypto holdings, behind Michael Saylor's MSTR, which holds 629,376 Bitcoin worth $71 billion.
Began a treasury strategy that rapidly increased its assets by $2.2 billion in one week, accumulating over 190,500 ETH.
Supported by major institutional investors including ARK Invest and Galaxy Digital.
Shares (NYSE American: BMNR) became the 20th most liquid US stock, averaging $2.8 billion in daily volume.
Current trading volume is $41 million, despite a recent decline of 4.3% amid a bearish crypto market.
Executives highlight Ethereum’s potential as a long-term macro trade linked to blockchain and AI trends.
Core business includes Bitcoin mining and advisory services with operations in low-cost energy locations.